Special offer

Ormond By the Sea Florida first quarter condo sales analysis 2012

By
Real Estate Broker/Owner with Ocean View Realty Group in Ormond By The Sea Florida BK559597

Ormond By the Sea Florida quarterly condo sales analysis 2012
This table shows the condos sold on Ormond By The Sea Florida for the first 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).

Year # Sales Low $ High $ Average Average ask $ Average Sq. Ft Price/Sq. Ft. avg. $ Average DOM
2012 14 $48,000 $300,000 $139,380 $156,164 1261 $111 94
2011 16 $40,425 $284,000 $144,320 $152,898 1262 $121 94
2010 9 $50,000 $550,000 $195,211 $227,900 1399 $139 226
2009 11 $95,00 $474,900 $209,027 $234,864 1204 $174 196
2008 10 $137,000 $210,000 $169,490 $187,000 985 $172 133
2007 8 $130,000 $345,000 $257,875 $273,550 1233 $209 81
2006 5 $150,000 $350,000 $255,600 $274,200 1131 $226 101

The average days on the market stayed the same so far this year compared to last year and is the lowest it has been since 2008. Those are good indicators for the market.

Posted by

 

Have a great day

Al Raymondi
Ocean View Realty Group
1350 Ocean Shore Blvd. Suite A
Ormond Beach, FL 32176
Ormond By The Sea Florida sales and rentals of homes and condos www.ovrealty.com 
Click the Realtor Logo below to search the Daytona Beach Florida area MLS anonymously.
386-441-8245
Fax 386-441-2407
Mail to ovrealty@aol.com
Ormond By The Sea Florida Vacation rental homes and condos information is at www.ormondbeachcondorentals.com 

Serving Ormond Beach and Ormond By The Sea in the Daytona Beach Florida area from the same location since 1991.

Homes and condos for sale by ocean View Realty Group    Ormond Beach Florida homes and condos for Lease by Ocean View Realty Group       Search the Daytona Beach area MLS     View Al's Linked-in profile     Follow Ocean View Realty Group on Twitter

subscribe to Al's ActiveRain Blog       

 

 

Comments (4)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Al....it looks like the Ormond by the Sea condo market is off to a great start ..... it's recovering well and you must be thrilled with those numbers...

Apr 29, 2012 08:38 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good Morning AL, nice to see condos moving at a nice pace. It should be a great Year in ORmond by the Sea. Have a great Monday

Apr 30, 2012 12:13 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Hi Al,

The condo sale staistics I think are looking very favorable and appears to be moving in the upward direction as far as prices go. This is a good market report from you.

Apr 30, 2012 03:55 AM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Thank you for stopping by to read my blog and to comment this morning Barbara, Scott and Bob, I appreciate your comments and support. Have a great day.

Barbara, thanks, we are having some great activity now, I hope it keeps up.
Scott, thanks, sure looking like a great 2012 right now.
Bob, thanks, we like good news.

Apr 30, 2012 07:13 AM